CEOs Urge “No” Vote: Aerospace bosses say Genocide Resolution would hurt trade
Lockheed Martin F-35 Lightning II Joint Strike Fighter The chief executives of Lockheed Martin Corp, Boeing Co, Raytheon Co, United Technologies Corp and Northrop Grumman Corp issued a rare joint letter, warning that passage of the measure by the House Foreign Affairs Committee could lead to “a rupture in U.S.-Turkey relations” and put American jobs at risk. “Alienating a significant NATO ally and trading partner would have negative repercussions for US geopolitical interests and efforts to boost both exports and employments,” the CEOs warned in a Feb. 26 letter to the committee’s Democratic chairman, Representative Howard Berman. They said US defence and aerospace exports to Turkey exceeded $7 billion in 2009 and were seen reaching a similar level in 2010, supporting tens of thousands of US jobs. Industry executives are worried about Turkey’s continued participation in several big US weapons programmes, including the Lockheed F-35 fighter, a $1.2 billion deal with Boeing for 14 CH-47 Chinook helicopters, and Patriot missile sales. Turkey is one of eight international partners working with the United States on development of the $300 billion F-35 fighter, a program that has already seen some erosion of overseas amid cost overruns and delays in critical testing.
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